It’s 2020 all over again. Cathy ARK names are shooting higher. Any stock with 15% of its float short is absolutely lit. Nothing can stop the cocaine party.
All of the nonsense is higher: ME, BFLY, SKLZ, GDRX etc.
I’m presently 10% UVIX, and 5% each of LMND, RKT and YALA, +460bps for the session. Had I held and not sold at the open, my gains would’ve been 7-8% for the day.
Truly egregious.
On a separate note, Stocklabs is now 12mo OB, first 12 mo OB since late 2020. The data is bullish for a continued run.
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